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Stock impact report

Here's Why I Wouldn't Touch Nano Nuclear With a 10-Foot Pole [Yahoo! Finance]

Nano Nuclear Energy Inc. - common stock (NNE) 
Company Research Source: Yahoo! Finance
Nano Nuclear Energy is still in its pre-revenue stage and faces regulatory hurdles. 10 stocks we like better than Nano Nuclear Energy › It would be hard to find someone who isn't aware of artificial intelligence (AI) after it has gone mainstream over the past couple of years. However, I'm willing to bet that most people aren't aware of just how much power is required for AI to function as it does today. Today's data centers -- which are critical for training and deploying AI -- can use enough power in a month to power thousands of homes for a year. That's an issue Nano Nuclear Energy (NASDAQ: NNE) is aiming to address with its micro nuclear reactors. Despite these ambitious plans, it's a stock I'm staying far away from for the foreseeable future. The idea behind Nano Nuclear's micro nuclear reactors is to have a portable power plant that can be shipped and deployed virtually anywhere that a steady stream of electricity is needed. This is a much better alternative than relyi Show less Read more
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